Sales: Retail Trade: Car Registration: Passenger Cars for Estonia
Number, Monthly level, Quarterly, Seasonally Adjusted
SLRTCR03EEQ180S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,146.20
Year-over-Year Change
20.83%
Date Range
1/1/2003 - 7/1/2018
Summary
This economic trend measures monthly, seasonally adjusted retail sales in the U.S., which is a key indicator of consumer spending and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Retail sales is a comprehensive measure of the total sales volume across the retail sector, representing a significant portion of overall consumer expenditures. This data is widely used by economists and policymakers to assess the health and trajectory of the U.S. economy.
Methodology
The U.S. Census Bureau collects and compiles this data through monthly surveys of retail establishments.
Historical Context
Retail sales figures are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Retail sales account for nearly 70% of U.S. economic activity.
- Monthly retail sales data is released around the 15th of each month.
- Retail sales have shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, seasonally adjusted level of retail sales in the United States, providing a comprehensive snapshot of consumer spending and demand across the retail sector.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a crucial economic indicator that helps analysts and policymakers assess the overall health and trajectory of the U.S. economy, as consumer spending accounts for a large portion of economic activity.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of retail establishments across the country.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions, as changes in consumer spending can have significant implications for the broader economy.
Q: Are there update delays or limitations?
A: The retail sales data is released by the Census Bureau around the 15th of each month, providing a timely snapshot of the previous month's activity. However, the data may be subject to revisions in subsequent releases.
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Citation
U.S. Federal Reserve, Number, Monthly level, Quarterly, Seasonally Adjusted (SLRTCR03EEQ180S), retrieved from FRED.